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Nada El Sawy

Nada El Sawy

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Articles

EFG-Hermes has been expanding its footprint as it seeks to grow its various lines of business, which include investment banking, private equity, and securities brokerage among others.Dana Smillie for The National
Egypt’s EFG Hermes is considering expansion into South-East Asia in 2019

The biggest listed investment bank in the North African country has expanded into Africa

BankingMarch 03, 2019
"We anticipate that donor support from Qatar and potentially Saudi Arabia, alongside BdL’s servicing of the government’s foreign currency debt, will remain sufficient to support the government’s borrowing requirements and fund the country’s external deficit over the next 12 months." AP
S&P downgrades Lebanon’s credit outlook to negative from stable

The credit rating agency affirmed the ‘B-/B’ country’s ratings with the expectation that the newly instated government will bring deposit inflows

EconomyMarch 02, 2019
Criminals are advertising "miracle cures" for the Covid-19 on the dark web. istockphoto.com
E-commerce replaces cars as third most common Dubai consumer complaint

Ahead of GCC Consumer Protection Day, the public is encouraged to register complaints through new app

MoneyMarch 02, 2019
The DGCX’s Sharia Compliant Spot Gold contract was unveiled in 2018. Ravindranath K / The National
Dubai Gold and Commodities Exchange to launch aluminium and zinc futures contracts

The exchange will add the metal products to its existing portfolio later this month

MarketsMarch 02, 2019
Amal Aboulhassan started up Material Solved, software that creates complex scientific illustrations, in 2016 and now wants to scale up her business. Photo: Nicholas Demille
How Egypt became the fastest-growing nation for start-ups in Mena

Number of start-up funding deals in Egypt makes it the fastest growing in the region, but now the support network has to keep up

EconomyFebruary 26, 2019
Residential buildings under construction in Dubai South. Pawan Singh / The National
Dubai to see massive increase in property handovers in 2019

Renters to gain negotiation power as 40% more handovers are planned compared to last year, says Property Finder

PropertyFebruary 24, 2019
Spero Panagakis, co-owner of the BB Social Dining restaurant at DIFC, says opening his own restaurant was a personal goal. Pawan Singh / The National
Money & Me: ‘I follow the 30 per cent rule for my savings'

Restaurateur Spero Panagakis says putting away 30 per cent of any income he makes gives him financial security

MoneyFebruary 21, 2019
Stringent Saudisation policies will see companies aim to 'reduce their expatriate headcount in favour of locals who have international experience' said Jason Grundy of Robert Walters Middle East. Reuters
Saudi professionals to get region’s highest salary increases

Middle East salaries will increase by 1 per cent, compared to 2 per cent in the kingdom, according to a new study

MoneyFebruary 19, 2019
Sectors such as fintech, cybersecurity and Blockchain will see greater representation at this year's AIM event, say organisers. Satish Kumar / The National
UAE's AIM Start-up programme doubles the number of start-up exhibitors

More than 500 start-ups will take part, with a quarter entering the pitch contest at the Annual Investment Meeting in Dubai in April

EconomyFebruary 18, 2019
Leonie Schreve, global head of sustainable finance at ING, says a sustainable business is better from both a moral and profits perspective. Victor Besa / The National
Why it pays for UAE companies to be sustainable

Green finance is becoming an attractive source of funding for firms in the Emirates

MoneyFebruary 18, 2019
Rana Atassi is the founder of the Modern Alternative Education centre, which she renamed Jad’s Inclusion in tribute to her son, Jad, who died last August aged 11. Reem Mohammed / The National
Dubai mother who lost her son runs special-needs centre

Rana Atassi changed the name of her special-needs centre to Jad’s Inclusion after her boy's death

EducationFebruary 16, 2019
Mishael Al Shamsi, 9, Mariam El Tohamy, 8, and Lama Al Khouri, 10, learn how to spend and save money wisely at a financial literacy boot camp run by The Kids Finance Initiative. Leslie Pableo / The National
Personal finance education for children takes off in the UAE

Teaching financial literacy at a young age is an important investment for children's future, experts say

MoneyFebruary 13, 2019
Quiqup delivery service firm plans to expand in the Middle East. Photo: courtesy Quiqup
UK's Quiqup to raise £10m for Middle East expansion

The London-based last-mile delivery services company plans to open in more cities in addition to its Dubai office

TechnologyFebruary 13, 2019
Álvaro Sanmartí / The National
Majority of UAE job recruiters saw an increase in hiring in 2018

Recruitment confidence is strong with candidates demanding higher than average salaries, according to LinkedIn survey

MoneyFebruary 06, 2019
Illustration by Mathew Kurian
Drawing up a will in the UAE can come with a hefty bill

While drafting and registering your last testament in the UAE can be costly, legal experts says it’s a necessary expense

MoneyFebruary 04, 2019
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